Question

distinguish between adam Smith's and Marshall's definition of economics​

Answer 1

Explanation:

• Thus according to According to Alfred Marshall “Economics is the study of people in the ordinary business of life”. ... Adam Smith was the founder of classical economics and is also known as the father of economics as he was the first to recognize economics as a subject.

Answer 2

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Thus according to According to Alfred Marshall “Economics is the study of people in the ordinary business of life”. Adam Smith was the founder of classical economics and is also known as the father of economics as he was the first to recognize economics as a subject.

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